Purchase Loan Application Checklist

PLEASE READ: If you'd prefer not to have your credit information shared with third parties (since they are permitted to sell it), please opt out on the website below today. Note that the opt-out may take a few days to process. 

https://www.optoutprescreen.com/

Please provide the following information and documents for pre-approval or purchase loan application:

1. Purchase contract, including addendums if applicable.

2. Borrower Information (download at the bottom of this page)

3. Loan application form (download at the bottom of this page)    

• working history and living history can be ignored as you've already provided in borrower information.

• Provide ALL the information highlighted, for example age of kid(s) and dependent(s) on the tax returns, etc.

• You can fill out the form on computer and save the PDF file. Please do not sign it.

• Please make sure your writing is legible and correct. I suggest you always use UPPERCASE letters.

4. Recent 30 days paystubs

5. Recent two year tax returns (Federal return -All pages, include Schedules and K-1s if applicable)

6. Recent two year W2s

7. Recent two month bank statements

• The bank statement must be clean, means no large cash or check deposit. Salary deposit is fine.  

• Please always check with me before you deposit or withdraw large amount of money from the bank accounts during the loan process. If you make large deposit during the loan process, the loan may fail.

8. Driver license copies for all borrows – front and back

• For green card holder 

  • please provide front and back copies the green card

• For H1B holder, please provide

  • Passport front page

  • Entry visa on passport, expired visa is fine

  • I-797 - two pages

9. If you own any properties, provide

• mortgage statement

• property tax 

• unexpired insurance bill statement

• HOA bill if applicable

• rental agreements (if need to use the rental income)